Skip to main content

Displaying 10453 - 10464 of 12185

[Chart of the Week] The Global Stock Market Breaks Out To All-Time Highs!

February 21, 2017

I'm lucky in that I learned early in my career that we're in a global market place. The United States, while it is certainly important, is just one country within a massive interconnected global market. We see this more and more every day. Many choose to focus on US Stocks, and that's fine. But I think even if that's the case, approaching the market globally is not only an advantage, but becoming more of a necessity with each day that passes.

Today I want to share a chart that really tells an interesting story about what is actually happening in stocks around the world. I've taken the 10 largest exchanges in the world, including both developed and emerging markets, and equally-weighted each of them to create an All Star Charts Top 10 Global Exchanges Index. You can see embedded in the chart, the exact list of components:

All Star Charts Premium

[Premium] Members-Only Conference Call Wednesday February 22nd at 7PM ET

February 16, 2017

Every month I host a conference call for All Star Charts Premium Members where we discuss ongoing themes throughout the global marketplace as well as changes in trends where new positions would be most appropriate. This includes U.S. Stocks & Sectors, International Stock Indexes, Commodities, Currencies and Interest Rate Markets.

Over the past 10 days I have been traveling throughout southeast Asia learning new strategies and perspectives from local traders and investors. I'm lucky that I truly love what I do and the evolution of my process is far from complete. Every day the world is getting smaller and more interconnected than ever. Although cultures my be very different, the human psyche is universal. Our emotions controlled by fear and greed can be seen everywhere from New York City, to St. Louis, MO to London, to Kuala Lumpur. The difference is simply the perspective from which each investor sees the world, and therefore the marketplace. Trying to get inside the mind of these investors has been a fascinating process and I firmly believe that it gives me a leg up over everyone else.

This month...

The JC Stock Market Breadth Indicator

February 14, 2017

Today I wanted to talk about something that I've never really written about here before but I think is a really important point that I want to make sure I get across. I'm lucky that I get to chat with investors all over the world on a daily basis. Whether you are a professional investor with 30 years of experience, or a student in Hong Kong who just made his/her first trade, I am always willing to chat. Not only does this help me learn about different strategies, objectives and cultures, but also helps give me perspective from all sorts of different angles.

A common theme that I get a lot is regarding chart patterns and pattern recognition: "JC how did you know that consolidation would resolve higher?". Other times I get, "JC how did you know that was a failed breakout and how come this example $XYZ is one you don't consider to be a failed breakout?" The explanations you guys give me make plenty of sense, "But momentum is diverging with prices making new highs!" And in most cases you're probably right. But to me, it's bigger than that. The analysis is not just about one pattern or one divergence or even just one chart. It's about taking these...

Chart Summit 2017 Presentation Video: JC Parets

February 4, 2017

The first ever Chart Summit was a huge success. I can't believe how awesome that was. Considering this was 100% virtual and presenters and audience members were logging in remotely from every part of the world, we managed to get through it without many hiccups. Most of the videos have been published correctly and audience members are able to go back and get through about 95% of all the content. Not bad. I think we'll take it.

The feedback has been amazing so thank you to everyone who helped make this possible, including our presenters, our sponsors and, most importantly, to our audience who showed up with enthusiasm to learn! I love to see so much excitement towards the discipline of Technical Analysis. I did everything I could with the hope that my predecessors who first broke barriers for us Technicians back in the 1960s and 70s would be proud of what we were able to accomplish last week.

Here is the video of my presentation where I go over my top/down approach to markets, including examples of what we're seeing in today's environment. In order to bring some additional value, I also discuss my approach...

A Top/Down Analysis of Global Markets: Stocks, Commodities, Forex & Rates

February 2, 2017

This weekend was one of the most amazing professional experiences of my life. I'm fortunate that I have friends who are really smart and willing to give up some of their time on a Saturday to share their knowledge and wisdom with investors all over the world. The turn out for Chart Summit exceeded all expectations and the feedback has been tremendous. This week, videos of all the presentations will be sent out to anyone and everyone who registered for the event www.chartsummit.com

As an added bonus to this amazing event, I wanted to walk everyone through my top/down approach to markets. From my perspective, unless you include global stock markets, commodities, forex and interest rates into your analysis, you're really selling yourself short. It's 2017. Even if you just trade or invest in U.S. stocks, taking a global intermarket approach to the marketplace is extremely beneficial. This is with respect to both idea generation and risk management. In addition, we first want to take a long-term view to get structural perspective and then look at daily charts showing just the past year for more short-term tactical...

[Chart of the Week] Is Technology Making A Run Towards All-time Highs?

January 27, 2017

While so many people seem to be focused on the major US Indexes like the S&P500 or the Dow Jones Industrial Average reaching the irrelevant 20,000 level, I prefer to focus on individual stocks and sectors. There are areas of strength, like Technology obviously, and areas of weakness like Healthcare and Consumer Staples. Stocks are like investors, there are winners and losers. I prefer to be a winning investor focused on winning stocks, wouldn't you? Today we're taking a look at Technology as it quietly breaks out again to new highs.

All Star Charts Premium

[Premium] Here's A Deep Dive Into Shipping Stocks

January 21, 2017

When you talk about sectors that have been out of favor for a long time, it is hard not to think about the Shippers. Although as a group they bottomed out in February last year along with the S&P500 and a lot of other major indexes and sectors, they haven't really done much ever since. It's been more of a sideways, frustrating grind for anyone involved, both longs and shorts.

This week I dug a little deeper into this space and I wanted to share some of my findings. Also note that some of these stocks are not exactly mega-caps. They're poor little shippers. So before doing anything, make sure you check for enough liquidity to fit your parameters. Some are also much smaller market-caps than we're used to talking about here, so just a heads up.